Income Tax QnA - Page No 10193

All Resolved Open

K. Viswanathan

26 November 2007 at 15:01

Fringe Benefit Tax

Will Vehicle tax be treated as running and maintenance expenses & subject to FBT?

Arun

26 November 2007 at 13:28

Dear All,

Thanks for your MAT Computation table. But my query is whether Provision for FBT charged
to P&L has to be taken care while calculating the MAT computation under Provision for Income tax.

Thanks for your support extended.

Arun.P

Jasmine

26 November 2007 at 12:15

TCS related queries

Is there any threshold limit specified for TCS as in TDS. If so then plz provide details.

sarvagya jain

26 November 2007 at 11:39

Period of holding

Hi
If a share is purchased on 1-1-2006 & sold on 1-1-2007, will it give rise to short term capital asset & long term capital asset?
In other words, I'd like to know while calculating period of holding for capital gains computation,whether day of sale is included or excluded in terms of section 2(42A) of the IT Act?

K. Viswanathan

26 November 2007 at 10:48

Fringe Benefit Tax

ramesh vadnala

26 November 2007 at 09:33

IT return for the year2006-07

We are not paid the Income tax due for the year 2006-07, can we file IT return with audit report?

CA Anil Jain

26 November 2007 at 08:31

When TDS is Applicable.

MY Query is-we deduct TDS on the basis of likely payment exceeded with the specified limit.e.g.U/S 194 J TDS is deducted if gross amount in aggregate exceeds or likely to be exceeded by 20000/-.If we don't deduct TDS in first & Qtr.bcoz we pay quarterly rs.4000 so TDS is not attractable. But in third qtr.we make payment of amt.15000 rs.then we need to deduct TDS.whether we need to deduct the TDS on the earlier payment also?If yes whether we need to revise the return??
what will happen if payment is increased retrospectily i.e.15000 for former 2 Qtr.also??

anmol

24 November 2007 at 19:46

PAN CARD related

sir,

i wanted to know is there any web site
where we can know the details of a PAN card holder if we have got his PAN Number.

girish

24 November 2007 at 16:24

FBT is not Income Tax !!!!

Tax on Income is INCOME TAX !

Tax on Expense is INCOME TAX ?

Why ?

girish

24 November 2007 at 16:20

Conveyance in FBT

What is Conveyance in FBT provision ?
is it the expense where business is situated ?
IF YES,
Where do i show the local conveyance incurred during the tours and travel ?

EX: bangalore (business place)---Tour to ----Bombay (local conveyance in bombay ?)